Invesco RE and Logport Development have concluded a forward purchase agreement on Logport Prague West, a strategically located last-mile logistics facility. Together, they will develop the 37,900 sqm facility whose construction kicked off in September. The first tenants of the park have already committed to the scheme, which is located along the Prague ring road. They should be able to move in during the summer of 2023. The transaction was mediated by Cushman & Wakefield.
In all, 11 separate units are to be completed by Q1 2024 and should feature a mix of logistics and light production, offices . . .
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